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The Economic Times
The Economic Times
National

Nvidia, Broadcom, Micron stocks crash: Why are tech shares down today?

Nvidia, Broadcom and Micron Technology fell between 2.1 per cent and 4 per cent in premarket trading on Wednesday, with losses rising again after a brief rebound on ​Monday.

Volatility has picked up across stock markets in recent days, as investors contend with ‌a widening array ⁠of risks, including ⁠high valuations in the tech sector, escalating tensions in the Middle East and expectations that the Federal Reserve may need to hike interest rates to ​curb inflation.

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